INDUSTRY NEWS
Infineum announces new Chief Financial and Strategy Officer
Infineum announces the appointment of Mr. Rahim Oberholtzer as the new Chief Financial and Strategy Officer, effective 1 October 2024. Mr. Oberholtzer will succeed Mr. Philippe Creteur, who has retired at the end of September 2024, after 18 years of dedicated service to Infineum.
Mr. Oberholtzer, a seasoned finance executive with over 25 years of diverse experience, joins Infineum from Shell, where he has held various senior positions. His most recent role was Senior Vice President of Shell Finance for Chemicals and Products.
During his career, Mr. Oberholtzer has acquired extensive expertise in public accounting, investment banking, and trading. He began his professional journey at KPMG in San Francisco as an auditor. He then moved on to Merrill Lynch, focusing on mergers and acquisitions and equity offerings within the
energy sector, ultimately serving as Head of Structured Finance at Merrill Lynch Commodities. In 2011, he joined Shell’s Mergers and Acquisitions team in the U.S., leading key projects such as the launch of Shell Midstream Partners and the Eagle Ford
divestment. He subsequently managed finance teams in Trading & Supply, covering European Gas & Power, Global Crude, and Global Products & Operations.
Infineum CEO Aldo Govi commented, “We are deeply grateful for Philippe’s years of dedication and excellent contribution to Infineum. At the same time, I am thrilled to welcome Rahim to our corporate leadership team.”
www.infineum.com
Rahim Oberholtzer to succeed retiring CFO Philippe Creteur
Richard Camper of HASCO Oil becomes ILMA President
Richard Camper, executive vice president of Hasco Oil and Pacific Precision Formulators in Vernon, California, today assumed the presidency of the Independent Lubricant Manufacturers Association (ILMA). He succeeds Catharine T. Golden, CEO of Etna Products Inc. The transition took place during the 2024 ILMA Annual Meeting at the Broadmoor Hotel and Resort.
Camper began working at Hasco Oil in 1995 and helped the company purchase the industrial and specialty lubricant blending plant that is now Pacific Precision Formulators. He was elected to ILMA’s board of directors in 2019 and spearheaded the launch of ILMA’s Sustainability Committee in 2021.
“Richard and I met at our first executive committee meeting … in 2019,” Golden recalled as she passed the gavel on to Camper. “It was on our second day of meetings that Richard started talking about the significance that sustainability may have on our industry. Since that meeting, Richard has led the Sustainability Committee with a measured and practical approach.”
6 LUBE MAGAZINE NO.184 DECEMBER 2024
“When people ask me what I do,” Camper said, “I tell them that I work in an industry that allows people to make just about everything you see, move that stuff around, and allow people to get to work, vacations, doctor’s appointments, birthday parties and club water polo games. My industry does all this with one goal — to make all that more energy efficient.
“A lot of industries talk about sustainability and diversity; this one walks it every day,” he concluded. The Independent Lubricant Manufacturers Association (ILMA) was established in 1948 to meet the needs of its members by providing advocacy, networking and a collaborative effort to succeed in today’s business world. The trade association is the principal voice for the industry before Congress, federal regulatory agencies and other industry groups. Through its enforceable Code of Ethics, ILMA promotes integrity and quality in lubricant manufacturing and marketing leadership team.”
ilma.org
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